Kyndryl Holdings (KD) Operating Margin (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Operating Margin came in at 4.46% in Q1 2026, down 33.0% YoY from 6.65% in Q1 2025, and up 29.33% on a QoQ basis from 3.45% in Q4 2025.
Kyndryl Holdings (KD) Operating Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has 7 years of Operating Margin data on file, last reported at 4.46% in Q1 2026.
- Quarterly Operating Margin fell 33.0% year-over-year to 4.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.93% (down 56.0% YoY) and the FY2026 annual result came in at 3.94%, down 56.0% from the prior year.
- Operating Margin advanced to 4.46% in Q1 2026, from 3.45% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.05% in Q4 2024 to a low of 4.65% in Q3 2022.
- A 5-year average of 2.02% and a median of 3.29% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 391 bps — and 2025, when it slumped 360 bps.
- Tracing KD's Operating Margin over 5 years: stood at 4.65% in 2022, then surged by 168 bps to 3.15% in 2023, then surged by 124 bps to 7.05% in 2024, then sank by 51 bps to 3.45% in 2025, then grew by 29 bps to 4.46% in 2026.
- The last three Operating Margin figures came in at 4.46% (Q1 2026), 3.45% (Q4 2025), and 3.82% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 16.96% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 21.09% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 15.95% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 15.01% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 24.61% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 16.01% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 11.28% |
| 10 | Kyndryl Holdings | 2.73 Bn | 614.51 Mn | 776.00 Mn | 4.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.04% |
| Mar 31, 2026 | 4.46% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 3.82% |
| Jun 30, 2025 | 4.01% |
| Mar 31, 2025 | 4.79% |
| Dec 31, 2024 | 7.05% |
| Sep 30, 2024 | 2.70% |
| Jun 30, 2024 | 3.42% |
| Mar 31, 2024 | 1.56% |
| Dec 31, 2023 | 3.15% |
| Sep 30, 2023 | -0.76% |
| Jun 30, 2023 | -0.43% |
| Sep 30, 2022 | -4.65% |
| Jun 30, 2022 | -4.34% |
| Dec 31, 2021 | -3.87% |
| Sep 30, 2021 | -8.35% |
| Jun 30, 2021 | -6.27% |
| Mar 31, 2021 | -6.62% |
| Dec 31, 2020 | 3.55% |